Airtel Africa Limited, a subsidiary of Indian telecoms group, is planning to list in London Stock Exchange to expand its data and mobile money services across Africa
The telecoms company seeks to list on the Nigerian Stock Exchange which is one of the 14 countries where it currently operates.
When listed on the NSE, Airtel will become the second telecommunication company in Nigeria to be listed.
MTN Nigeria, on May 16th listed 20.35 billion shares on the NSE at N99 per share. Meanwhile, Airtel Africa aims to raise about $1 billion in a June .
The telecom company currently, operates in Democratic Republic of the Congo, Kenya, Nigeria, Rwanda, Seychelles, Uganda and Zambia.
